News

Liza Phase 1 Environmental Permit allows for flaring during process upsets, maintenance events

The Environmental Permit issued to ExxonMobil Guyana on June 1, 2017 by the Environmental Protection Agency (EPA) for the Liza Phase 1 Development allows for flaring under certain conditions and outlines measures that should be compiled with when such...

Resource potential of Guyana-Suriname basin exceed 18 billion boe – ExxonMobil

The resource potential of the Guyana-Suriname basin where ExxonMobil has to date made a total of 19 discoveries (18 in Guyana and 1 in Suriname) is estimated to contain more than 18 billion barrels of oil equivalent resources, the...

ExxonMobil, SBM Offshore among major companies supporting 1st Women and Girls’ Summit

In observance of International Women's Day, the Women's Chamber of Commerce and Industry Guyana (WCCIG) will host its Inaugural Guyana Women and Girls' Summit on Monday, with support from several companies in the oil and gas industry, including ExxonMobil...

Exxon expects Guyana greenhouse gas intensity to be around 45% lower than its upstream average in 2025

U.S oil major ExxonMobil has outlined a comprehensive plan for the reduction of its emissions output for the next four years which are projected to put it on a pathway consistent with the goals of the Paris Agreement and...

Guyana, Suriname leading Caribbean drilling – what about T&T?

Originally published in the Geological Society of Trinidad and Tobago (GSTT) HAMMER Magazine – February 2021 The CARICOM region is now one of the hot spots globally for oil and gas activity, with most of the drilling taking place in Guyana...

Guyana seeking internationally recognized law firm in push to boost legal, regulatory framework for oil & gas

The Government of Guyana has applied for financing in the amount of US$20 million from the World Bank toward the cost of the Guyana Petroleum Resources Governance and Management Project (GPRGMP) and it intends to apply part of the...

Explosions rock oil refineries in northern Syria

(Reuters) - Missile strikes in northern Syria near the Turkish border killed one person and injured at least eleven others on Friday, Turkish state media and a source from the Turkish-backed faction that controls the region said. Explosions rocked local...

ExxonMobil to drill Koebi-1 in 30 days, Whiptail in May – Hess COO

Even though the Canje block’s wildcat - Bulletwood-1 - did not result in a commercial discovery, ExxonMobil and its partners, Hess Corporation and CNOOC are still laser-focused on their exploration and appraisal work which will continue on the prolific...

Reduction in flaring expected soon as gas compressor set to return

All repairs to the Liza Destiny FPSO flash gas compressor have been completed at the MAN Energy Solutions workshop in Germany and the equipment is expected to be returned to Guyana by the end of the month. “The compressor has...

Caribbean Energy Technology Platform to be launched in Q2 2021

TechnologyCatalogue.com, fastest-growing global platform for technology solutions in the energy sector, has joined forces with One Basin Three Nations (OBTN) to help in the faster uptake of technology in the Caribbean energy sector. The partnership will bring Caribbean Energy Technology...

Latest News

Letter-to-the-Editor: Equipping our people — The case for STEM in Guyana

Dear Editor, I recently came across a letter arguing that the new US$100 million STEM initiative is a step backwards...